In 2022, the pension will increase 18 times in a row;Pensions for urban and rural residents have also been adjusted


There was a lot of debate about whether and how much pensions could go up in 2022.The discussion on whether the pension will increase 18 times in a row is all about predictions, since the pension adjustment plan will not be announced until April at the latest.February 13, the Guangming network an article “fixed! 18 consecutive rise!””, as the most authoritative information published by state media, has reassured retirees across the country that the 2022 pension increase is expected.Zhang Yinghua, executive researcher at the World Social Security Research Center of the Chinese Academy of Social Sciences, expects the average national pension increase to be between 3 percent and 4 percent in 2022, while Dong Dengxin, director of the Institute of Finance and Securities at Wuhan University of Science and Technology, predicts the increase will be around 3 percent this year.Last year’s increase was 4.5%, but this year’s increase is lower?Will it reach 5.5% this year?What are the reasons for the expected 3% increase?1) According to the official news released by the Ministry of Human Resources and Social Security, in 2020, China’s overall average monthly pension level is about 3,000 yuan, which is higher than the overall base for on-the-job employees. Retirement pension accounts for about 60% of the average salary of on-the-job employees, which is a high pension level.2) Because the growth rate of China’s social security fund income is slowing down, and the number of retirees is increasing, the number of pensioners is decreasing.3) The annual increase of retirement pension has been shrinking year by year for more than 10 years.After 17 years of uninterrupted increases, pension growth has gradually slowed.Ii. Will the pension fund increase by 5.5% in 2022?Who can reach 5.5 percent?1) Some state media predict that the pension will be between 4%-5.5% in 2022, which means it is very likely to reach 5.5%.The main reason is that the economy will grow 8.1 percent in 2021 and consumer price inflation (CPI) will rise 0.9 percent in 2021 from the previous year.2) According to the data released by the Ministry of Human Resources and Social Security, China’s social security fund is still quite abundant. From January to September 2021, the total income of social security fund is 4.78 trillion yuan, the total expenditure is 4.57 trillion yuan, and the accumulated balance is 6.53 trillion yuan.Comprehensive above several favorable factors, can reach 5.5% is not impossible, of course, the final is to wait for the official announcement in April.3) Who can achieve 5.5 percent?It was 4.5 percent last year, but not everyone went up 4.5 percent. Some people went up more than 4.5 percent, some people went up less than 4.5 percent, and the average was 4.5 percent.Generally speaking, the first is the low pension amount, in addition to enjoy the proportional increase can also enjoy the quota adjustment, such as Jilin Province 2021 pension adjustment plan, Lao Wang’s pension in December 2020 is 2000 yuan, 26 years of service, 62 years old, he can increase the amount in 2021:Quota adjustment 80 yuan, hook adjustment =26*4=104 yuan, a total increase of 184 yuan, rising proportion of 184÷2000=9.2%.The second is the retirees who can enjoy advanced age or hard edge and the retirees with longer working years.These two part personnel besides normal enjoyment front two adjustment still can enjoy old age allowance and hardship outlying incline allowance.Therefore, they will receive a higher rate in the annual pension adjustment, and their personal increase rate will generally be higher. Usually, the personal increase can easily exceed 5.5%.Then, pension itself base level is high, often rise ratio is relatively low.For example, you have already received a retirement pension of 8000 yuan, or take jilin Province’s plan in 2021 as an example. Lao Wang’s pension in December 2020 is 8000 yuan, and he is 65 years old with 42 years of service. Lao Wang’s pension can be increased as follows:Quota adjustment is 80 yuan, hook adjustment =42*4.5=189 yuan, a total increase of 269 yuan, the increase ratio is 269÷8000=3.36%.So, in general, it depends on you.Third, urban and rural residents in several other provinces also ushered in the pension adjustment.As we all know, the basic pension of urban and rural residents in our country is mainly the financial burden of the state, and then the provinces according to the financial and economic capacity of the province in the basis of national subsidies and then an additional part of the subsidy, forming the pension of urban and rural residents.As things stand, it is not up to each province to adjust the pension for urban and rural residents on a regular basis.Since 2022, some provinces have clearly raised the basic pension for urban and rural residents. Where is it?1) Guizhou Province clearly proposes to increase the basic pension for urban and rural residents from 98 yuan to 113 yuan, an increase of 15 yuan, starting from January 2022.2) Jiangsu Province clearly proposes to increase the basic pension for urban and rural residents from 173 yuan to 187 yuan, an increase of 14 yuan, starting from January 2022.3) Xizang clearly proposes to increase the basic pension for urban and rural residents from 205 yuan to 215 yuan from January 1, 2022, an increase of 10 yuan.4) Ningxia clearly proposes to increase the basic pension for urban and rural residents by 5 yuan from January 1, 2022 to 230 yuan in 2025.Finally, I want to say that it is not particularly important how much the final increase can be, the percentage is not too meaningful, the key is how much money can be the most meaningful, because the money belongs to you for safety.Are you right?

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